Welcome to our dedicated page for Victory news (Ticker: VTYB), a resource for investors and traders seeking the latest updates and insights on Victory stock.
Victory Bancorp, Inc. (VTYB) is the OTCQX‑traded holding company for The Victory Bank, a Pennsylvania state‑chartered commercial bank headquartered in Limerick Township, Montgomery County. Company news releases highlight its focus on business banking, specialized business lending, and relationship‑driven community banking in Montgomery and Berks Counties and nearby markets such as Horsham.
This news page aggregates press releases and announcements from Victory Bancorp, Inc. and The Victory Bank. Readers can review quarterly and annual earnings updates, where the company reports loan and deposit growth, book value per share, stockholders’ equity, and detailed credit quality metrics such as nonperforming assets and losses to average loans. Management commentary in these releases often discusses net income trends, return on average equity and assets, and the impact of funding and expense decisions.
In addition to earnings reports, Victory Bancorp frequently announces regular quarterly cash dividends on its common stock, providing insight into its approach to shareholder returns. News items also cover capital initiatives, such as the private placement of fixed‑to‑floating rate subordinated notes used to support growth initiatives, enhance capital strength, and broaden balance sheet flexibility.
Other updates may include information about branch expansion, such as the opening of a new Horsham branch, and participation in investor conferences where management presents the company’s performance and strategy. Investors, analysts, and community members can use this page to review how Victory Bancorp describes its business banking focus, community orientation, and financial performance over time.
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Victory Bancorp, Inc. (OTCQX: VTYB) reported a net income of $602,000, or $0.29 per share (diluted), for Q4 2022, with a full-year net income of $3.7 million, or $1.80 per share. The book value per common share rose to $13.29. Interest income increased by $2.7 million (16%) year-over-year, totaling $19.6 million, despite a drop in PPP fee income. Total net loans, excluding PPP, grew by 17.2% to $327.4 million. Additionally, the bank declared a $0.10 special cash dividend and a $0.065 cash dividend to shareholders. However, there was a decline in overall net income from 2021 and a rebalancing loss in investments of $586,000.
Victory Bancorp, Inc. (OTCQX: VTYB) declared a quarterly cash dividend of $0.0650 per share on January 18, 2023. This payment will be made on or about February 15, 2023, to stockholders of record by the close of business on January 31, 2023. The company operates The Victory Bank, which serves small and mid-sized businesses in Pennsylvania, boasting three locations in Montgomery and Berks Counties. Established in 2008, it specializes in high-quality banking services.
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Victory Bancorp, Inc. (OTCQX: VTYB) announced a one-time special cash dividend of $0.10 per share, to be paid on or about December 23, 2022, for stockholders of record by December 10, 2022. Chairman and CEO Joseph Major highlighted the bank's strong financial position and confidence in future growth opportunities for 2023. The bank serves small to mid-sized businesses and professionals in Pennsylvania through its locations in Montgomery and Berks Counties.
The Victory Bancorp (OTCQX: VTYB) reported unaudited financial results for the quarter ended September 30, 2022. The company achieved a net income of $1.2 million, or approximately $0.56 per diluted share. Interest income increased by $825,000 year-over-year, boosting the net interest margin to 4.06%. Total assets reached $437 million, with deposits steady at $394 million and net loans up to $312 million. The company also announced a $0.065 per share cash dividend.
Victory Bancorp, Inc. (OTCQX:VTYB) has declared a quarterly cash dividend of $0.0650 per share, set to be paid on or about September 12, 2022. The record date for shareholders is August 26, 2022. The company operates The Victory Bank, a Pennsylvania state-chartered commercial bank, serving small and mid-sized businesses.
Victory Bancorp, Inc. (VTYB) reported its unaudited financial results for the second quarter of 2022, achieving a net income of $1.0 million, equivalent to approximately $0.50 per diluted share. Stockholders' equity increased by $2.4 million, reaching a total of $25.8 million. The bank's total assets grew by 1.0% to $457 million, with deposits rising 2.4% to $414 million. A cash dividend of $0.065 per share was paid. Credit quality remained stable, with a reduced provision for loan losses of $94 thousand.
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